The Stock Market Doesn't Like Disney's New CEO

Shares in the Walt Disney Corporation took a 1.5% dip earlier today when Josh D'Amaro was announced as the new CEO of the company, pending Bob Iger's resignation later this year.

According to The Wrap, Disney's shares have fallen 9.8% in the past month, 13.8% in the past sixth months, and 43% in the past five years, currently trading at $102 per share.

The company has been undergoing a public succession contest over the past few years to determine who would succeed long-time CEO Bob Iger when his contract runs out this year...